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Jul 8, 2024 · The Fed is poised to start reversing its campaign of anti-inflation interest rate hikes, which began in March 2022, and which has helped bring inflation down from its peak of 9.1% that year ...
Jul 9, 2024 · Chair Powell submitted identical remarks to the Committee on Financial Services, U.S. House of Representatives, on July 10, 2024. Chairman Brown, Ranking Member Scott, and other members of the Committee, I appreciate the opportunity to present the Federal Reserve's semiannual Monetary Policy Report.
Jul 9, 2024 · Powell told lawmakers bluntly that "today Im not going to be sending any signals about the timing of any future actions" on interest rates, as he was quizzed by Democrats about the risks to the job market and by Republicans about the pain to households of inflation that remains above the central bank's 2% target.
5 days ago · Jerome Powell, Chairman of the US Federal Reserve (Fed), will deliver the Semi-Annual Monetary Policy Report and testify before the Senate Banking Committee on Tuesday.
5 days ago · The Fed Chair Powell, in his Semiannual Monetary Policy Report to the Congress on July 9th, warned about the two-sided risk facing the monetary policy implementation at the moment.
Jul 9, 2024 · US Federal Reserve chair Jay Powell said the central bank had made “considerable progress” in its mission to beat back inflation but sought “more good data” before cutting interest rates ...
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6 days ago · Inflation has come a long way since reaching a four-decade peak two years ago, Federal Reserve Chair Jerome Powell said Tuesday. However, central bank officials still want to see more progress...
